It's musical chairs for the global economy - and not everyone can end up with a desk.

The global economy will contract by six per cent this year with mass business failures and bankruptcies, according to the OECD.

Also today:

• The US Federal Reserve says it will support the world’s biggest economy at least until 2022
• The administrators of Virgin Australia ask for more money
• And why working life has changed forever in at least one of the country’s biggest employers

Plus, an interview with entrepreneur Adam Hudson about his incredible journey using Amazon to buy and sell products.